ADA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: MEXC against BloFin−0.081%79s7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$200.201% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.252%−$25 on $10k

Price spread, last 3 days (all we have)−0.098%−$10 · spread now −0.081%, 7d avg −0.054%

Together, before fees−0.350%−$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.028% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.054%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ADA-USDT	0.2455	0.0220	pay 0.0220% / 8h	1h 09m	$4.4M	$5.4M	75x
Short	MEXC ADA_USDT	0.2453	0.0100	get 0.0100% / 8h	1h 09m	$52.4M	$51.1M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now −0.081%Rate

Funding earned: −$25.2
Price spread: −0.081% → −0.054%: −$2.79
Slippage, 4 orders: −$8.14
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$48.13
Costs to cover: 0.201%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; MEXC: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 4 min ago	2.04 bp	8.0 bp −$8	10.9 bp −$109	24.3 bp −$2,430	63.8 bp −$31.9K
Sell MEXC live order book, 4 min ago	2.04 bp	2.0 bp −$2	2.0 bp −$20	13.1 bp −$1,314	43.1 bp −$21.6K

ADA on 37 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ADA-USD	0.0000%	1h	0.2452	−0.137%	$202K	$4K	10x	as long as short
Kalshi KXADAPERP	0.0000%	8h	0.2453	−0.081%	$156K	$6.0M	3.2x	as long as short
gTrade (Gains Network) ADA/USD	L +0.0005% / S −0.0003%	1h	0.2452	−0.141%	$84K	—	150x	as long as short
Coinbase International ADA-PERP-INTX	+0.0064%	1h	0.2456	+0.041%	$412K	$7.3M	50x	as long as short
Kraken Futures PF_ADAUSD	+0.0095%	1h	0.2453	−0.065%	$6.2M	$11.6M	50x	as long as short
Lighter ADA	+0.0096%	1h	0.2455	−0.020%	$2.4M	$1.3M	10x	as long as short
Hyperliquid ADA	+0.0100%	1h	0.2454	−0.061%	$42.5M	$14.3M	10x	as long as short
Aster ADAUSDT	+0.0100%	8h	0.2453	−0.099%	$1.2M	$923K	75x	as long as short
Pacifica ADA	+0.0100%	1h	0.2452	−0.110%	$157K	$146K	10x	as long as short
Binance ADAUSDT	+0.0100%	8h	0.2453	−0.081%	$101.9M	$360.5M	75x	as long as short

Show all 37 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ADAUSDT	+0.0100%	8h	0.2452	−0.122%	$71.3M	$102.3M	75x	as long as short
OKX ADA-USDT-SWAP	+0.0100%	8h	0.2453	−0.081%	$31.8M	$105.7M	50x	as long as short
Gate ADA_USDT	+0.0100%	8h	0.2451	−0.163%	$96.9M	$59.3M	75x	as long as short
MEXC ADA_USDTshort	+0.0100%	8h	0.2453	−0.081%	$52.4M	$51.1M	300x
KuCoin ADAUSDTM	+0.0100%	8h	0.2453	−0.098%	$30.1M	$18.2M	75x	as long as short
Bitget ADAUSDT	+0.0100%	8h	0.2453	−0.081%	$65.8M	$43.3M	75x	as long as short
BingX ADA-USDT	+0.0100%	8h	0.2452	−0.122%	—	$18.0M	—	as long as short
Backpack ADA_USDC_PERP	+0.0100%	1h	0.2453	−0.077%	$102K	$415K	15x	as long as short
Variational Omni ADA	+0.0100%	8h	0.2453	−0.075%	$4.2M	$1.0M	—	as long as short
edgeX ADAUSDC	+0.0100%	4h	0.2455	−0.015%	$65K	$279K	20x	as long as short
GRVT ADA_USDT_Perp	+0.0100%	8h	0.2453	−0.079%	$294K	$3.8M	10x	as long as short
ApeX Omni ADAUSDT	+0.0100%	1h	0.2454	−0.041%	$55K	$581K	50x	as long as short
Polymarket Perps ADA-USD	+0.0100%	1h	0.2451	−0.159%	$96K	$625K	10x	as long as short
Orderly PERP_ADA_USDC	+0.0100%	8h	0.2452	−0.122%	$6K	$36K	20x	as long as short
Derive ADA-PERP	+0.0100%	1h	0.2453	−0.085%	$40K	$3K	5x	as long as short
SunX ADA-USDT	+0.0100%	8h	0.2455	+0.002%	$9K	$759K	30x	as long as short
SoDEX ADA-USD	+0.0100%	1h	0.2453	−0.081%	$337	$13K	10x	as long as short
HTX ADA-USDT	+0.0100%	8h	0.2453	−0.086%	$1.3M	$5.3M	75x	as long as short
Phemex ADAUSDT	+0.0100%	8h	0.2452	−0.122%	$47.8M	$5.8M	50x	as long as short
Paradex ADA-USD-PERP	+0.0100%	8h	0.2452	−0.135%	$21K	$250	20x	as long as short
Extended ADA-USD	+0.0104%	1h	0.2452	−0.102%	$554K	$1.8M	50x	as long as short
Phoenix ADA	+0.0131%	1h	0.2455	+0.008%	$4K	$74K	10x	as long as short
BloFin ADA-USDTlong	+0.0220%	8h	0.2455	long leg	$4.4M	$5.4M	75x
Deribit ADA_USDC-PERPETUAL	+0.0239%	1h	0.2453	−0.086%	$479K	$351K	50x	as long as short
Reya ADARUSDPERP	+0.0285%	1h	0.2451	−0.180%	$1K	—	15x	as long as short
Injective ADA/USDC PERP	+0.0288%	1h	0.2471	+0.652%	$849	$202K	12x	as long as short
GMX ADA/USD [WBTC.b-USDC]	L +0.0566% / S −0.0313%	1h	0.2451	−0.159%	$122K	—	100x	as long as short